The Nigerian Education Loan Fund (NELFUND) has expressed concern over the very low number of students applying for its loan scheme at Rivers State University. The Managing Director of NELFUND, Akintunde Sawyerr, raised the issue during a Strategic Engagement and Sensitisation Campaign held on Tuesday in Port Harcourt. He was represented by Dr Zino Ugboma,
The Nigerian Education Loan Fund (NELFund) has announced that it is set to disburse loans to 6,004 students of The Polytechnic, Ibadan (TPI). This was disclosed by the Team Lead of NELFund and the Director of Monitoring and Evaluation, Dr Aliyu Muhammad, during a sensitisation programme held on Wednesday for students of the institution in
The Nigerian Education Loan Fund (NELFUND) has requested that the University of Lagos (UNILAG) refund students who paid their school fees out of pocket before receiving their loan payments. This call came during a sensitisation meeting between NELFUND officials and UNILAG students on May 21, 2025, in Lagos. NELFUND Managing Director Akintunde Sawyerr, speaking through
The Nigerian Education Loan Fund (NELFUND) has commenced the disbursement of April 2025 upkeep allowances to eligible students nationwide. In a statement released by the Director of Strategic Communications, Mrs Oseyemi Oluwatuyi, the agency confirmed that while many payments have already been processed successfully, some students may experience temporary delays. The delays are attributed to
The federal government has introduced a new policy that bars tertiary institutions with fewer than 2,000 students from accessing TETFund support, aiming to promote accountability and ensure more efficient use of public funds. Minister of Education Tunji Alausa revealed this on Friday during a one-day engagement in Lagos with heads of tertiary institutions, bursars, and
The Managing Director of the Nigerian Education Loan Fund (NELFUND), Mr Akintunde Sawyer, on Wednesday, appeared before the House of Representatives Committee on NELFUND and Student Loan, denying any diversion of student loan funds and confirming that NELFUND has so far received N203 billion. The investigative hearing, which took place in Abuja, was convened following
The Tertiary Education Trust Fund (TETFund) has raised concerns over a polytechnic in the Southeast receiving billions of naira in annual intervention funds despite having only 30 students. TETFund Executive Secretary Sonny Echono disclosed on Monday in Abuja during the 2025 one-day strategic interactive workshop for heads of institutions, bursars, and procurement officers of beneficiary
The Tertiary Education Trust Fund (TETFund) has warned beneficiary institutions sternly, stating that any institution that mismanages allocated funds or fails to meet performance benchmarks risks being removed from its intervention programmes. Sonny Echono, the Executive Secretary of TETFund, cautioned during a one-day strategic meeting with heads of institutions, bursars, and procurement officers from beneficiary
The Chief of Defence Staff, General Christopher Musa, has urged the Nigerian Education Loan Fund (NELFUND) to prioritise children of fallen military personnel in its student loan programme. General Musa appealed on Friday, May 9, during a workshop organised by NELFUND in Abuja, which brought together heads of anti-corruption agencies, the military, paramilitary, and other
The Chairman of the Nigeria Education Loans and Scholarship Board (NELFUND) and member representing Akoko North-East/North-West federal constituency, Hon. Ifeoluwa Ehindero, has urged Nigerian students to fully embrace the recently introduced student loan programme aimed at reducing financial challenges in higher institutions. Speaking during a courtesy visit by leaders of the National Congress of Akoko
